Multiple Choice
What is the internal rate of return for a project that has a net investment of $60,000 and the following net cash flows: Year 1 = $15,000; Year 2 = $20,000; Year 3 = $25,000; Year 4 = $30,000?
A) 17.3%
B) 16.7%
C) 15.7%
D) 16.3%
Correct Answer:
Verified
Correct Answer:
Verified
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